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About SK Hynix
SKHYNIX (SKHX) tracks the value of 1 share of common stock in SK hynix Inc. The oracle converts the underlying Korean stock's KRW price to USD at the prevailing USD/KRW FX rate. SK Hynix manufactures DRAM and NAND memory semiconductors used in data centers, AI hardware, mobile devices, and computing systems.
On Hyperliquid, SKHX trades as a HIP-3 synthetic perpetual on the xyz decentralized exchange, with its own mark price, funding rate and liquidity.
SKHX is listed as a Hyperliquid HIP-3 perpetual market. Prices track traditional-asset exposure synthetically and do not represent ownership of the underlying shares, ETFs, commodities, or cash instruments. Educational market data only — not investment advice.
Sector tags: Semiconductors.
Frequently Asked Questions
- What is SKHX?
- SKHX tracks the value of 1 share of common stock in SK hynix Inc. The oracle converts the underlying Korean stock's KRW price to USD at the prevailing USD/KRW FX rate. SK Hynix manufactures DRAM and NAND memory semiconductors used in data centers, AI hardware, mobile devices, and computing systems.
- Does trading SKHX give me any of the rights of owning SK hynix shares?
- No. SKHY is a synthetic perpetual with no delivery mechanism or arbitrage bridge to SK hynix's actual shares. It gives price exposure only — there are no shareholder rights, no dividends, no voting rights, and no claim on the underlying shares.
- Does SKHX carry FX risk that SKHY doesn't?
- Yes. SKHX's oracle price converts the underlying KRW-denominated common share price to USD at the prevailing USD/KRW exchange rate, so it carries exposure to that FX rate alongside the underlying stock. SKHY's ADS already trades in USD on Nasdaq, so its price does not require a live FX conversion step.
- What is SKHX on Hyperliquid?
- SKHX on Hyperliquid is a HIP-3 synthetic perpetual contract that tracks price exposure linked to 1 common share of SK hynix Inc., listed on the Korea Exchange. The oracle converts the underlying Korean stock's KRW price to USD at the prevailing USD/KRW FX rate. It trades 24/7 on the xyz decentralized exchange within the Hyperliquid ecosystem, so you can go long or short without holding any shares.
- Why can SKHX's Hyperliquid price differ from the underlying market's price?
- SKHX's price on Hyperliquid comes from a synthetic market with no delivery mechanism or arbitrage bridge to the underlying, so nothing forces the two to match at all times. The perpetual's price is driven by positioning, expectations, and funding rates on Hyperliquid, and significant divergence from the underlying price is possible.
- Can I trade SKHX on Hyperliquid around the clock?
- Yes. SKHX trades 24/7 as a HIP-3 synthetic perpetual on the xyz decentralized exchange within the Hyperliquid ecosystem, with no settlement delay — you can open, hedge, or close a position at any time, even outside the underlying market's regular trading hours.
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